Author: BEX Staff

Awards and Accolades 1. PHX Architecture has been shortlisted for the Residential £2.5M-£5M (Project By Value) Award in the International Design & Architecture Awards 2019, with their Paradise Valley Estate entry. Groundbreakings 2. 1784 Capital Holdings LLC has broken ground on its ±140KSF Scottsdale Promenade Self Storage project at 7550 E. Paradise Ln. The Class A, self-storage project is scheduled for completion in 1st quarter 2020. TLW Construction, Inc. is the general contractor. 3. $3.3M in renovations have begun on the Sterling Springs Hatchery near Flagstaff. Improvements include new water delivery systems and concrete raceways. The project is expected to be completed…

By Sammy Williams for AZBEX Camden USA of Sherman Oaks, CA plans to nestle six four-story and one three-story apartment buildings on an 11.59-acre parcel situated between their existing Camden Hayden I and Camden Sotelo communities in Tempe. The 397-unit development, called Camden Hayden II and located on the SEC of North College Avenue and East Weber Drive, would also include construction of a dog park. With a density of 34.25 du/ac, Camden has proposed to designate the property as mixed-use rather than multi-family, citing the addition of two live-work units as a reason to meet zoning requirements. This would…

Source: Stream Data Centers Stream Data Centers, an industry leader in providing premium data center solutions, announced that it has acquired a 418KSF facility on 157 acres of land in Goodyear, Arizona, where it will establish a data center campus for hyperscale and enterprise customers in the Greater Phoenix region. Initially, Stream will redevelop the existing facility, which at full build-out will contain approximately 50 MW of critical load and will be fully operational for customers in the first quarter of 2020. This acquisition marks the company’s entrance into the Phoenix market and will enable it to scale with the needs of the area’s growing…

Sales Transactions 1. Northstar Commercial Partners sold a 418.7KSF distribution building at West Valley Logistics Center, 12000 N. 132nd Ave, Surprise, to Dalfen America Corp for $24.1M. Anthony Lydon, Bill Honsaker and Ryan Gilbert with Jones Lang LaSalle represented both the buyer and seller in the transaction. 2. Cushman & Wakefield completed the sale of North Hayden Commerce Center, a single-story, 103.5KSF building at 14000 N. Hayden Road, Scottsdale, for $16.4M. Hayden Center Investments purchased the property from 14000 N. Hayden Road, Scottsdale, LLC, a company formed by iStar Financial Inc. Paul Boyle, Rick Danis, and Michael Kitlica, with Cushman & Wakefield,…

By Tasha Anderson for Arizona Builder’s Exchange A proposed zoning map change for a new high-end condominium and commercial development is expected to be heard at the Bullhead City March 5th council meeting. DJL Enterprises, LLC is requesting a zoning map change from Public Land District to Residential Multiple-Family District and C2 General Commercial District, pursuant to the Mixed-Use Overlay District, in order to develop The Residences at Riverside. According to a recent article in Mohave Valley Daily News, The City’s Planning and Zoning Commission recommended approval of the change request on Tuesday, with a vote of 5-0. The Residences…

By Sammy Williams for Arizona Builder’s Exchange GYS Development of Colorado Springs is preparing to accept the decluttered possessions from Glendale homes and businesses in this era of tidying up. The developer announced their intent to build Camelback Self Storage at 5025 N. 99th Avenue, on the NEC of 99th Avenue and Camelback Road in Glendale. The three-story facility will house 700-800 unconditioned and conditioned units. The nine-acre parcel, owned by MGPC, LLC of Phoenix, will be subdivided as part of the Cornerstone on Camelback Planned Area Development. Camelback Self Storage will cover a 2.58 acre section of the property,…

Awards & Accolades 1. The honorees list for the 2019 Outstanding Women in Business Awards has been published. Among the 25 women being honored this year are: Audrey Monelli, president of Forrest Anderson Plumbing and Air Conditioning; Jen Scrivner, COO, Goodmans Interior Structures; Jill Hegardt, vice president of entitlements at DMB Associates Inc.; Karen Marshall, president and CEO of Colletti Design; and Sarah Strunk, board chairwoman for Fennemore Craig. 2. Sundt Construction, Inc. recently was honored with the Industry Partnership Award from the Mining Foundation of the Southwest at the 36th American Mining Hall of Fame Awards Banquet in Tucson. 3. Liv Communities,…

Groundbreakings 1. Wexford Science & Technology LLC is preparing to break ground on the 200KSF, $77M ASU Phoenix Biomedical Campus in Downtown Phoenix. ASU has sub-leased the land to Wexford for the new project, the first such private-public partnership on the Biomedical Campus. 2. The granite sidewalks in front of the R.H. Johnson Recreation Center are being changed to concrete and the project began on Moday, Feb. 11. The project will be done in segments, so facility access won’t be impacted. 3. Five Star Development hosted a private groundbreaking ceremony on Feb. 13, to commemorate the start of construction on the initial…

By Sammy Williams for Arizona Builder’s Exchange HSL Construction Services, LLC has announced plans to develop Encantada at Rita Ranch, a luxury apartment community at the southeast corner of Valencia Road and Nexus Road in Tucson’s Rita Ranch. The 312-unit complex, situated on 17.16 acres, will be the fifth Encantada development in Tucson. Additionally, HSL operates three Encantada communities in the Phoenix area, each boasting high-end details like granite countertops, upgraded lighting and flooring and high ceilings. The complex will be a mix of two- to three-story buildings housing 117 studios, 117 two-bedroom and 78 three-bedroom units. Residents can enjoy…

Source: Colliers International in Arizona EastGroup Properties, Inc. has purchased 23.6 acres of land near Germann and Gilbert roads for $6.4M. The real estate investment trust plans a four-building, two phase industrial park called Gilbert Crossroads Business Park on the property and will break ground in April. “This was a unique transaction involving rezoning and division of a larger parcel,” says Paul Sieczkowski, senior executive vice president with Colliers International in Arizona. “The original 42 acres was divided with the back portion being rezoned for multifamily and this frontage acreage rezoned for industrial. The rezoning stipulated immediate development and EastGroup…